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MAC, Mining and Social Responsibility

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1 MAC, Mining and Social Responsibility
Ryerson University March 7, 2018

2 About MAC Mining and Host Countries About TSM

3 ABOUT MAC Advocacy – to advance the business of mining.
Mining association of Canada ABOUT MAC The national voice of Canada’s mining industry. Advocacy – to advance the business of mining. TSM Initiative – stewardship and social license. 40+ members in iron ore, gold, diamonds, oil sands, met-coal, base metals, uranium. 50+ members in engineering, environment, finance. Members engaged in exploration, mining, smelting, semi-fabrication, supply.

4 Goldcorp, water testing at the Cerro Negro Mine, Argentina
Canadian mining Leadership Abroad Canadian mining companies abroad are leaders in responsible business practices. Mining is an economic engine for host communities that drives improvements in well- being and the benefits are inclusive. While the outcomes are not always perfect, Canadian mining companies work hard to address issues when they arise. Working in partnership, we can achieve more. There is significant opportunity to leverage international development resources through the strong social and economic contributions of Canadian mining companies to local communities. Goldcorp, water testing at the Cerro Negro Mine, Argentina

5 MAC study of its members’ mining activities outside of Canada showed:
Aggregate MAC member Value Distribution Data: Beneficiaries within host countries Canada’s mining sector is a global leader and makes significant contributions to raising living standards and poverty eradication. With over 1,400 companies active in more than 100 countries, the value of Canadian mining assets abroad reached $170B in This figure is double that of Canadian mining assets at home. MAC study of its members’ mining activities outside of Canada showed: MAC member companies spent US$10.7B in host countries, and employed 53,000+ employees and contractors at international operations. In fact, a 2015 MAC study found that almost 80% of the revenue generated by Canadian mining companies overseas is spent in host country economies. The positive impact was most clear in non-OECD countries where 8 members operating in 12 non-OECD countries spent $6.2B on in-country businesses, employees and taxes. When compared to Canada’s entire Official Development Assistance budget of $4.8B in 80 countries, the significant contribution of Canada’s mining sector to international development is apparent. 

6 Mandatory participation for MAC members.
TOWARDS SUSTAINABLE MINING® About TSM: Mandatory participation for MAC members. Improves environmental and social performance in critical areas beyond regulations: Environmental Footprint (tailings, biodiversity, mine closure). Energy Efficiency (energy use, GHG emissions). Community and People (engagement, safety & health, crisis management). Program Strengths: Performance measured at facility-level. Monitored by external Community of Interest (COI) Advisory Panel. Results are externally-verified. Encourages excellence and continuous improvement.

7 Facility Level Public reporting

8 2016 Aggregate Results: Communities & People
Aboriginal and Community Outreach Assessments Percentage of Facilities at a Level A or Higher 2006, 2015 and 2016

9 Tsm and responsible sourcing
MAC has integrated Prevention of Child and Forced Labour components into TSM and anticipates that the next version of the Apple Standards will reflect this. TSM is also an associate member of the Responsible Steel Standards and is working in collaboration on the mining components of Responsible Steel. TSM is also working with the Responsible Jewelry Council on cross-recognition 19

10 TSM implemented nationally: Canada Finland Botswana Argentina
Growing interest in tsm TSM implemented nationally: Canada Finland Botswana Argentina Philippines Spain Additional countries with mines reporting on TSM indicators: Burkina Faso Mexico USA Peru Suriname Turkey Australia Countries with mines implementing TSM, but not yet reporting: Australia Greece

11 TSM consists of seven core components that must be in place:
Core Components for an Association adopting TSM TSM consists of seven core components that must be in place: Guiding Principles Performance Indicators Facility Level Reporting Independent Verification Public Reporting of Facility Level Reporting Condition of Membership Community of Interest Advisory Body Each implementing association is required to have something in place to meet each of these seven components. It is left up to the association, in conjunction with their Community of Interest Advisory Body, to decide how best to implement each item

12 For more information please contact:
Ben Chalmers Vice President, Sustainable Development Mining Association of Canada Pierre Gratton President and CEO Follow us on Twitter: @theminingstory


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